CamboyaTouch Sreipeou
With a loan of EUR 4,600 Touch is able to grow more cassave, cashew and bananas on her land.
€4,600
3.25%
36 meses
6 meses
EUR
Moneda| Importe | €4,600 |
| Interés | 3.25% |
| Vencimiento | 36 meses |
| Reembolsos | 6 meses |
| Moneda | EUR |
El proyecto
Touch, 37, is married and lives with her beloved husband and three school aged children in the village in Tbong Khmum province of Cambodia. She and her husband are working together in their small food store, selling breakfast like rice with pork, noodle soup, khmer noodle soup, and soft drink. They have been operating in their food store to earn income for support their family living expenses for the past 7 years.
She is now looking for an economic opportunity to better support her family living by asking for a loan with Kredit to grow cassava, cashew, and banana on her farmland. She thinks that with this loan will allow her to get more source of income and raise her family living standard.
Local partner Kredit will provide this loan.
| Nombre de la empresa | Phillip Bank |
| Director general | Touch Sreipeou |
| Fundado | 2010-01-01 |
| Ubicación | Tbong Khmum |
| Sector | Agricultura |
| Volumen de negocio | €23,364.48 |
| Empleados | 2 |
Impacto
Phillip Bank is a microfinance institution in Cambodia that invests in people and their businesses via Micro-loans. By providing working capital to local entrepreneurs, they enable people in Cambodia to further expand their businesses and reach their potential for business growth and job creation.
Micro-loans are an effective tool against poverty. Research has shown that communities with more viable small local businesses have more balanced economies and higher average prosperity levels. Their turnover mainly flows back to their communities, ensuring economic growth and stability. The capital provided by Phillip Bank works towards sustainably improving families' financial well-being in rural and urban communities.
SDG’s impacted
With this project you are contributing to the following Sustainable Development Goals:
SDG 1. No poverty
SDG 8. Decent work and economic growth
Read more about the impact you can make through our platform and the SDGs on our impact page.
- Con esta inversión se crea 1 puesto de trabajo
- Con esta inversión se mejoran 4 vidas